Teras Tech Solutions Hyderabad / Secunderabad Software Developer Salaries by 5 Employees

1 - 4 years exp.

₹3.3 Lakhs - ₹6.2 Lakhs

Avg. annual salary

Monthly In-hand Salary

53% less than the average Software Developer Salary for 1 - 4 years of experience

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Salaries in different departments

Engineering - Software & QA Software Developer Salary 1 - 3 years exp. (4 salaries)	₹3.3 L/yr - ₹6.2 L/yr
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IT & Information Security Software Developer Salary 4 years exp. (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.1 L/yr

Last Updated: 16 Apr 2023

Companies similar to Teras Tech Solutions for Software Developer in Hyderabad / Secunderabad

Teras Tech Solutions Software Developer Salary

1 - 4 years exp. (5 salaries)

₹3.3 L/yr - ₹6.2 L/yr

Company name	Avg Annual Salary	Open Jobs
TCS Software Developer Salary 0 - 9 years exp. (4.3k salaries)	₹3.8 L/yr - ₹14 L/yr 96% more
Cognizant Software Developer Salary 0 - 9 years exp. (1.7k salaries)	₹2 L/yr - ₹20.3 L/yr 126% more
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Wipro Software Developer Salary 0 - 8 years exp. (1.6k salaries)	₹2.3 L/yr - ₹18.3 L/yr 105% more
Tech Mahindra Software Developer Salary 0 - 8 years exp. (1.4k salaries)	₹2.4 L/yr - ₹15.5 L/yr 74% more	1 job opening
Accenture Software Developer Salary 0 - 10 years exp. (1.4k salaries)	₹4.3 L/yr - ₹22.7 L/yr 164% more	1 job opening
Capgemini Software Developer Salary 0 - 9 years exp. (1.3k salaries)	₹2.9 L/yr - ₹15.9 L/yr 93% more
Infosys Software Developer Salary 0 - 8 years exp. (886 salaries)	₹5.6 L/yr - ₹20.2 L/yr 141% more	1 job opening
IBM Software Developer Salary 0 - 11 years exp. (793 salaries)	₹11.2 L/yr - ₹26.9 L/yr 318% more	2 job openings
HCLTech Software Developer Salary 0 - 7 years exp. (663 salaries)	₹4 L/yr - ₹18 L/yr 110% more
LTIMindtree Software Developer Salary 0 - 6 years exp. (554 salaries)	₹3.6 L/yr - ₹17.4 L/yr 105% more	2 job openings
Deloitte Software Developer Salary 0 - 6 years exp. (352 salaries)	₹4.8 L/yr - ₹21.9 L/yr 152% more
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Genpact Software Developer Salary 1 - 6 years exp. (216 salaries)	₹4 L/yr - ₹15.6 L/yr 103% more
Amazon Software Developer Salary 0 - 7 years exp. (169 salaries)	₹24.9 L/yr - ₹45 L/yr 586% more	11 job openings
Concentrix Corporation Software Developer Salary 1 - 9 years exp. (90 salaries)	₹4 L/yr - ₹14 L/yr 99% more
Larsen & Toubro Limited Software Developer Salary 0 - 6 years exp. (63 salaries)	₹3.6 L/yr - ₹13.2 L/yr 82% more	1 job opening
Jio Software Developer Salary 0 - 6 years exp. (17 salaries)	₹4 L/yr - ₹14 L/yr 113% more
ICICI Bank Software Developer Salary 1 - 6 years exp. (16 salaries)	₹3.2 L/yr - ₹13.8 L/yr 72% more
Reliance Industries Software Developer Salary 1 - 5 years exp. (9 salaries)	₹4.6 L/yr - ₹12.5 L/yr 78% more
WNS Software Developer Salary 2 - 5 years exp. (8 salaries)	₹3.8 L/yr - ₹12.2 L/yr 56% more
Teleperformance Software Developer Salary 2 - 5 years exp. (7 salaries)	₹3.5 L/yr - ₹9 L/yr 63% more

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Software Developer salary at Teras Tech Solutions ranges between ₹3.3 Lakhs to ₹6.2 Lakhs per year for employees with experience between 1 year to 4 years. Salary estimates are based on 5 latest salaries received from various employees of Teras Tech Solutions.

Experience wise Teras Tech Solutions Software Developer salaries in Hyderabad / Secunderabad

Last Updated: 16 Apr 2023

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹3.9 L/yr - ₹4.9 L/yr
2 years (AmbitionBox Estimate)	₹4 L/yr - ₹5.2 L/yr
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3 years (3 salaries)	₹4.5 L/yr - ₹6.2 L/yr
4 years (AmbitionBox Estimate)	₹4.4 L/yr - ₹5.6 L/yr

Salary related reviews for Teras Tech Solutions

L2 Support Enginner in Bangalore / Bengaluru

Technical Support Department

4.0

• posted on 15 Aug 2021

4.0

for Salary and Benefits

Likes

Good working environment and culture..Teammates are supportive and management is trasparent,company policies are good.

Salary - Good

+5 more

Dislikes

There isa lot of politics and the management doesn't address our issues salary decent but career growth is slow .There us a bond of 2years before which you cannot resign on the job training is not given to new joiners.

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Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

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Teras Tech Solutions Software Developer Salary FAQs

What is the salary of Software Developer at Teras Tech Solutions in Hyderabad / Secunderabad?

The average salary of a Software Developer at Teras Tech Solutions in Hyderabad / Secunderabad typically ranges from ₹3.3 Lakhs to ₹6.2 Lakhs per year, depending on experience (from 1 year to 4 years).

The top 10% of Software Developer in Hyderabad / Secunderabad at Teras Tech Solutions earn more than ₹6.2 Lakhs per year, and the top 1% earn over ₹6.2 Lakhs per year. Software Developer Salaries at Teras Tech Solutions can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 5 Teras Tech Solutions employees in India.

What is the estimated take home salary of a Software Developer at Teras Tech Solutions in Hyderabad / Secunderabad?

The estimated take-home salary of a Software Developer at Teras Tech Solutions in Hyderabad / Secunderabad typically ranges from ₹34,089 to ₹35,343 per month. This is based on the average salary range of ₹3.3 Lakhs to ₹6.2 Lakhs per year for employees with experience ranging from 1 year to 4 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 5 salaries received from various employees of Teras Tech Solutions. Check how we calculate in-hand salary with our in-hand salary calculator.

Which companies offer higher salaries than Teras Tech Solutions for Software Developer in India?

Amazon	₹24.9 Lakhs to ₹45.0 Lakhs per year
IBM	₹11.2 Lakhs to ₹26.9 Lakhs per year
Kotak Mahindra Bank	₹13.0 Lakhs to ₹22.2 Lakhs per year
Tata Motors	₹9.0 Lakhs to ₹17.0 Lakhs per year
Accenture	₹4.3 Lakhs to ₹22.7 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Teras Tech Solutions, depending on the role and experience level.

What is the salary of a Software Developer in companies similar to Teras Tech Solutions in Hyderabad / Secunderabad?

The salary of a Software Developer at companies similar to Teras Tech Solutions in Hyderabad / Secunderabad varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Deloitte	₹4.8 Lakhs to ₹21.9 Lakhs per year
Infosys	₹5.6 Lakhs to ₹20.2 Lakhs per year
Cognizant	₹2.0 Lakhs to ₹20.3 Lakhs per year
Jio	₹4.0 Lakhs to ₹14.0 Lakhs per year
HCLTech	₹4.0 Lakhs to ₹18.0 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.

How the salary growth look like for a Software Developer at Teras Tech Solutions in Hyderabad / Secunderabad?

The salary growth for a Software Developer at Teras Tech Solutions in Hyderabad / Secunderabad depends on factors such as experience, performance, and promotions. On average, a Software Developer in Hyderabad / Secunderabad can expect the following growth trajectory at Teras Tech Solutions:

Experience	Average Salary Range
1 year	₹3.9 Lakhs to ₹4.9 Lakhs per year
2 years	₹4.0 Lakhs to ₹5.2 Lakhs per year
3 years	₹4.5 Lakhs to ₹6.2 Lakhs per year
4 years	₹4.4 Lakhs to ₹5.6 Lakhs per year

and so on.

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Teras Tech Solutions Software Developer Salaries in Hyderabad / Secunderabad

Teras Tech Solutions Software Developer salary in Hyderabad / Secunderabad ranges between ₹3.3 Lakhs to ₹6.2 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Teras Tech Solutions latest salaries received from various employees of Teras Tech Solutions.

Teras Tech Solutions Software Developer salaries in Hyderabad / Secunderabad